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The Great Gatsby Curve

Created on July 29, 2013

The Great Gatsby Curve

“The Great Gatsby Curve”

inequality (1985 gini coefficient)

Intergenerational earnings elasticity

y=2.2x – 0.27, R2 = 0.76

Other keywords: Trend Line, United Kingdom, France, United States, Japan, New Zealand, Germany, Sweden, Finland, Norway, Denmark

Source: Alan Krueger, “The Rise and Consequences of Inequality,” event at the Center for American Progress, January 12, 2012, Fig. 7, http://www.americanprogress.org/wp-content/uploads/ events/2012/01/pdf/krueger.ppt (accessed June 3, 2013).

Chart 5   |   CPI DP 12   |   heritage.org